Minister Ingnam Asserts Cooperative Regulatory Commission is Employee-Centric

Kathmandu: Minister for Land Management, Cooperatives, and Poverty Alleviation, Kumar Ingnam, has commented that the National Cooperative Regulatory Commission has become focused only on employees. 

Addressing the first anniversary ceremony of the National Cooperative Regulatory Authority on Wednesday, he expressed his commitment to investigating and taking action against all employees who brought irregularities to the cooperative sector.

Minister Ingnam also maintained that all employees who served in cooperatives until the year 2080 BS must come under the scope of investigation. He said, "All employees who were in cooperatives in 2080 BS must be under the circle of investigation. The commission was formed for this purpose. 

The current commission is employee-centric. As much as cooperative directors should be responsible, the regulatory body is even more responsible for damaging the state. Now, all those employees who brought irregularities rather than just problems in cooperatives will be investigated and everyone will be punished."

Similarly, he put forward two measures to solve the troubled cooperatives but stated that both are currently not possible. "Regarding the current problem in cooperatives, there is a committee to solve these troubled cooperatives. 

Should we solve this by increasing the human resources significantly over 50 years, or should we issue a Red Notice for directors who are hiding their identities and recover the assets by bringing them back from wherever they are hiding? Both do not seem immediately possible." 

He further stated that in the past 20 years, middlemen have been very active and are exploiting state property.